Starknet has extended its move to ARC. Switching networks—whether this is a good sign for the project is unclear: it raises more questions than answers. On the other hand, this devastates Hibachi. The protocol has seen a sharp decline in volume, and its Open Interest has dropped 70% since January, falling to a low of $1.8 million. Things have not improved over these months, and the current Open Interest leaves it with an airdrop and an FDV between $3 and $5 million. Bad news for those of us who farmed it.
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